South Korea: Age dependency ratio

The latest value from 2023 is 42.07 percent, an increase from 40.97 percent in 2022. In comparison, the world average is 58.49 percent, based on data from 196 countries. Historically, the average for South Korea from 1960 to 2023 is 54.39 percent. The minimum value, 36.48 percent, was reached in 2015 while the maximum of 88.65 percent was recorded in 1966. See the global rankings for that indicator or use the country comparator to compare trends over time.

The age dependency ratio for South Korea is calculated as follows: Age dependency = (people younger than 15 and older than 64) / (working age people ages 15-64). A higher value for South Korea and other countries means that employed people have to support more non-working people, either young or old.

Definition: Age dependency ratio is the ratio of dependents--people younger than 15 or older than 64--to the working-age population--those ages 15-64. Data are shown as the proportion of dependents per 100 working-age population.